Best tenant payment options?

[Todd Powell]

This may date me as my kids say I am too old school but since 2007 I have always had rent due on the 1st but not late if received by the 5th

I am having more and more tenants, especially college aged, asking me if I do direct bank deposit or Venmo, etc

My question is pretty simple, what do you all use to protect yourself, cost effective and secure?

I am getting old fashion checks, money grams, or cashiers checks. But, am I too old school with my check in the mailbox method?

Thanks for all your input. Time to grow at 52 years old !